Premier fails to make hydrocarbon find in recent Natuna drilling
Friday, May 4 2007 - 06:58 AM WIB
UK independent oil, gas firm Premier Oil plc announced on Friday the Gajah Sumatera-1 exploration well in Natuna Sea Block A has been plugged and abandoned after failing to find significant hydrocarbons.
The well was drilled to a total depth of 2,387 metres.
Following completion of operations on the Gajah Sumatera-1 well, the Seadrill-5 rig has moved to the Anoa field where it will conduct a workover on an existing well, before drilling a development well to exploit the oil discovered last year in Anoa?s Central Lobe, the company said.
Simon Lockett, Premier?s CEO said: ?The Seadrill-5 now moves on to development activity to support existing gas sales contracts into Singapore and to exploit the oil discovered in 2006 in the Central Lobe of Anoa.? (alex)